Elemental Royalty Corporation (TSX:ELE)
Canada flag Canada · Delayed Price · Currency is CAD
22.50
+1.32 (6.23%)
Jul 30, 2026, 4:00 PM EST

Elemental Royalty Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, Elemental Royalty stock has a consensus rating of "Strong Buy" and an average price target of $33.13. The average 1-year stock price forecast is 47.24% higher than the current stock price, while the lowest is $30.00 (+33.33%) and the highest is $37.00 (+64.44%).

Price Target: $33.13 (+47.24%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$30.00$33.13$32.75$37.00
Change+33.33%+47.24%+45.56%+64.44%
* Price targets were last updated on May 14, 2026.

Analyst Ratings

The average analyst rating for Elemental Royalty stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy233344
Buy222222
Hold000000
Sell000000
Strong Sell000000
Total455566

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
H.C. Wainwright
H.C. Wainwright
Buy
Reiterates
$45.89
BuyReiterates$45.89+103.96%May 14, 2026
Canaccord Genuity
Canaccord Genuity
Buy
Maintains
$37.00$38.00
BuyMaintains$37.00$38.00+68.89%Mar 26, 2026

Financial Forecast

Revenue This Year
96.00M
from 43.64M
Increased by 119.97%
Revenue Next Year
102.00M
from 96.00M
Increased by 6.25%
EPS This Year
0.42
from 0.16
Increased by 155.13%
EPS Next Year
0.66
from 0.42
Increased by 56.52%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
6.61M9.64M11.74M16.32M43.64M96.00M
Revenue Growth
29.10%45.80%21.84%38.99%167.37%119.97%
EPS
----0.160.42
EPS Growth
----1,598.76%155.13%
Forward PE
46.40149.18149.1821.9127.2038.13
Free Cash Flow
-39.56M-22.49M7.78M-3.48M-44.62M64.60M
No. Analysts
-----1
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High96.0M
Avg96.0M
Low96.0M

Revenue Growth

Revenue Growth202620272028
High
120.0%
Avg
120.0%
Low
120.0%

EPS Forecast

EPS202620272028
High0.54
Avg0.42
Low0.28

EPS Growth

EPS Growth202620272028
High
225.9%
Avg
155.1%
Low
71.1%